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Search Result:tontine


KK Pronunciation

〔 ˋtɑntin,tɑnˋtin 〕

Pronunciation

〔 tɒnˊtiːn,ˊtɒntiːn 〕


Overview of noun tontine

The noun tontine has 2 senses


  • tontine, tontine insurance -- (a form of life insurance whereby on the death or default of a participant his share is distributed to the remaining members)

  • tontine -- (an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant)